LONDON: Gold slid into negative territory on Thursday, hitting a session low at $1,533.99 an ounce as the metal was caught up in broad-based selling of commodities after reports pointing to stalling US economic growth weighed on equities and oil prices.
Spot gold was down 0.3 per cent at $1,556.70 an ounce at 1407 GMT, having earlier risen as high as $1,572.30 an ounce. The metal is on track for its worst May performance in 30 years, down more than 6 per cent.
NEAL BHAI =9999974733
Spot gold was down 0.3 per cent at $1,556.70 an ounce at 1407 GMT, having earlier risen as high as $1,572.30 an ounce. The metal is on track for its worst May performance in 30 years, down more than 6 per cent.
NEAL BHAI =9999974733
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